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White said the big challenge at the moment was to make good, informed decisions for the business that were not rushed and would allow it to scale up again when the time was right.

"We acted early and took out variable staff costs," he said.

"We made a commitment to preserve our permanent staff for as long as we can," he said.

PM Jacinda Ardern says New Zealand can take heart from there being no new coronavirus cases today. But she says it reflects the success of the lockdown rather than actions during level three.

The company managed to pay full wages for the first four weeks of lockdown but all staff have since taken a 20 per cent pay cut. The company has claimed the wage subsidy for 92 staff totalling $646,723.20.

But White said it would have to "right-size" the business by the end of the 12-week payment period and was working through that process now as its scaled back while waiting for the return of global travel.

White said it was hopeful transtasman travel would return this year but didn't expect it until after winter ended.

"Winter causes issues - are you coughing because you have a cold or Covid-19?"

He expected business travel to resume before leisure travel and said he would like to think travel to the Pacific Islands would come either at the same time or shortly after transtasman travel resumed.